Commodity carnage made 2015 another painful year for junior mining investors. It was a year that saw me take a buyout from a newspaper job at the Vancouver Sun and transition to the exciting world of digital publishing with Tommy Humphreys and the growing CEO.CA team. The buyout also gave me some dry powder for another… Continue Reading
During a year that saw prices for most commodities crash, driving down share prices and causing plenty of investor pain in resource-dependent Canada, lithium has been a rare bright spot. Prices for the battery ingredient have surged as demand outpaces supply, driven by battery-powered gadgets, vehicles and home electrical systems. Investors have taken notice, spurring renewed… Continue Reading
It’s a short trading day today – Canadian markets close at 10 a.m. PST, 1 p.m. EST – and also the last chance to lock in capital losses for the 2015 calendar year. If you invest in the junior mining space, chances are you may have some of those! However, one investor’s tax-loss sale is… Continue Reading
Good morning investors, After a dismal year that saw the commodity complex sink more than 30%, Scotiabank is pegging lithium, zinc and construction product oriented strand board to lead the way in 2016. Those are the top picks of Patricia Mohr, Scotiabank’s Vice-President of Economics and Commodity Market Specialist, who also expects tightening supply to boost… Continue Reading
With perhaps the most important decision for commodity prices for some time having been actioned on Wednesday with the Federal Reserve lifting its key interest rate for the first time in nearly a decade, commodity prices witnessed subsequent pricing volatility, and strengthened on Friday. Such market vacillation will ultimately demonstrate whether Split Enz’s assertions of… Continue Reading
It’s been a busy week for Millrock Resources. On Monday the project generator expanded its portfolio with a foray into B.C.’s Golden Triangle. It capped the week off today by optioning one of its Alaska properties. Under the terms of the agreement, Vista Minerals – a private Australian group – can earn an 80% joint venture interest… Continue Reading
The TSX Venture Exchange is out with a white paper designed to address its role in these junior resource market conditions, the grim financing situation and restrictive financing rules. Calls for changes – from groups including the Venture Capital Markets Association to politicians such as West Vancouver-Capilano Liberal MLA Ralph Sultan – have been increasing in volume… Continue Reading
As a child growing up in England, Paul Brockington used to enter stock-picking contests run by the Daily Mail newspaper. Later, having spent a decade as a Winnipeg-based mining analyst for Richardson, Brockington was in a position to recognize the potential significance when Chuck Fipke’s Dia Met Minerals drilled the discovery hole that launched the… Continue Reading
The struggling Canadian resource industry was dealt another blow with the announcement that Vancouver-based independent brokerage house Salman Partners would be closing its doors in 2016. Founder Terry Salman, the company’s president and CEO, made the announcement in a short news release issued late Tuesday afternoon. “It is with regret that Salman Partners Inc. announces that… Continue Reading
Gold stocks are going through a tough time in this market, but in every tough market there are companies bucking the trend. Ewan Downie, CEO and President of Premier Gold (PG.T), came on CEO Chat regular Allan Barry Laboucan’s show and made the case that Premier was named well. Premier owns 40% of the South Arturo… Continue Reading
Good morning investors, A quick look at some of last night’s more interesting insider filings: First Mining Finance (FF-V) – CEO Keith Neumeyer banked some more shares of his gold-focused mineral bank, buying 47,000 shares yesterday at 32 cents a share. Neumeyer, who also runs First Majestic Silver, has been a voracious buyer of First… Continue Reading
Good morning investors, First off this morning, I wanted to highlight some interesting insider moves that landed in the Insiders tab in CEO Chat. The day’s SEDI insider filings flow in there every night, sorted by company, and it’s usually worth a look. It certainly was last night. Former Barrick Gold CEO Jamie Sokalsky was buying… Continue Reading
Erdene Resource Development is out with results from 6 of 15 holes recently drilled as part of a maiden 695-metre program at the Bayan Khundii gold discovery in southwest Mongolia, and they look good. The program identified five zones of near-surface high-grade gold mineralization that are open along strike and at depth. Five of the… Continue Reading
Sabina Gold & Silver (SBB-T) Nunavut gold developer Sabina Gold & Silver has cleared another permitting hurdle with the filing and acceptance of the company’s Final Environmental Impact Statement (FEIS) for its Back River gold project. The FEIS was submitted to the Nunavut Impact Review Board (NIRB) on Nov. 23 and has been deemed conformant… Continue Reading
With stock prices in the tank and tax-loss selling here, it can be easy to forget about successes in the worlds of mining and junior exploration. They still exist, of course. And today both the Association for Mineral Exploration British Columbia (AME B.C.) and the Prospectors and Developers Association of Canada (PDAC) announced their latest… Continue Reading
